AKE AS: årsregnskap 2007 vs 2006
Shrank 26% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKE AS. Revenue 264.5k NOK → 194.6k NOK (-26.4%). Net result 0 NOK → +40.5k NOK. Equity 125.6k NOK → 59.5k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -31.5k NOK → +66.5k NOK (op. margin -11.9% → 34.2%). Calculated
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↑
Net result improved
Net result 0 NOK → +40.5k NOK (net margin 0.0% → 20.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 264.5k NOK to 194.6k NOK (-26.4% YoY). Calculated
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↓
Equity eroded
Book equity 125.6k NOK → 59.5k NOK (equity ratio 41.5% → 28.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 265.4k NOK → 191.5k NOK (-27.8% YoY). Calculated